FilingReader Intelligence
Sky completes Discovery NZ acquisition for NZ$1
August 1, 2025 at 10:00 AM UTC•By FilingReader AI
Sky completed its acquisition of Discovery NZ Limited for NZ$1 on a cash-free, debt-free basis. Discovery NZ reported an after-tax loss of NZ$77.6 million for 2024 following significant restructuring.
Sky expects the acquisition to deliver at least NZ$10 million of incremental EBITDA by FY28 through synergies.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
NZX:SKT•New Zealand Exchange
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